Musk sells another $7 billion of Tesla stock ahead of Twitter trial
Musk sells another $7 billion of Tesla stock ahead of Twitter trial
By Peter Vercoe | Bloomberg
Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.
Tesla’s chief executive officer sold about 7.92 million shares during the last three days of trading, according to regulatory filings. Musk, who still owns almost 15% of the…
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